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Showing 371 - 380 of 3602 results for "Project"

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
The ongoing scandal surrounding the Construction, Forestry, and Maritime Employees Union (CFMEU) has called into question the governance settings within the industry superannuation fund sector, with some suggesting boards no longer require - or benefit ...

ASFA pushes for tax redistribution to benefit low-income workers

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
The Association of Superannuation Funds of Australia (ASFA) is proposing to increase support for low-income earners by redistributing the revenue generated from the government's planned additional taxation on superannuation balances above $3 million ...

Global X loses another senior talent

ANDREW MCKEAN  |  WEDNESDAY, 7 AUG 2024
Global X ETFs head of portfolio management Cliff Man will exit the firm later this month, after an almost 11-year stint. Mann joined ETF Securities in Hong Kong before transitioning to the Australian business in 2016. Global X said he was instrumental ...

NZ Super Fund names chief risk officer

MATTHEW WAI  |  WEDNESDAY, 7 AUG 2024
The Guardians of New Zealand Superannuation appointed Michael Mitchell to the role of chief risk officer. Mitchell, who was previously the head of risk, has been acting chief risk officer since Mark Fennell retired earlier this year. The organisation ...

Global X chief to step down

ANDREW MCKEAN  |  TUESDAY, 6 AUG 2024
Global X ETFs Australia chief executive Evan Metcalf will step down from his role at the end of October after a decade with the firm. During the transition period, chief operating officer Oliver Reynolds and head of sales Manny Damianakis will oversee ...

Brookfield expands $1bn student accommodation portfolio

MATTHEW WAI  |  TUESDAY, 6 AUG 2024
Brookfield has acquired a 50% stake in Journal Student Living, an extension of a joint venture formed with integrated property business Citiplan in late 2021. The collaboration saw the two parties acquire a PBSA development site on Grattan Street opposite ...

BNP Paribas in talks to buy AXA Investment Managers

JAMIE WILLIAMSON  |  FRIDAY, 2 AUG 2024
... delivering value for our clients." Also commenting, BNP Paribas director and chief executive Laurent Bonnafé said: "This project would position BNP Paribas as a leading European player in long-term asset management. Benefiting from a critical size in ...

Barings, Rest break ground on $400m investment

ELIZA BAVIN  |  THURSDAY, 1 AUG 2024
... Lettable Area (GLA) of 90,000sqm. The total on-completion-value of the asset is anticipated to be $400 million. Barings project director Stephen O'Connor said the recently approved master-planned estate represents the next generation of industrial development. ...

Super for housing will cause rents to soar: SMC

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
New research from the Super Members Council (SMC) has revealed using superannuation for house deposits could, over time, increase rental prices. SMC said the Coalition's plan to use super for house deposits is projected to cause a 9% spike in the ...

UniSuper's environmental option returns -16%

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2024
The fund's Global Environmental Opportunities (GEO) option returned a dismal -15.96% in FY24, but chief investment officer John Pearce says the growth themes remain intact, adding it's on a more solid footing than in FY21 when returns soared ...